NVDU vs. MSFT
Compare and contrast key facts about Direxion Daily NVDA Bull 2X Shares ETF (NVDU) and Microsoft Corporation (MSFT).
NVDU is an actively managed fund by Direxion. It was launched on Sep 13, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVDU or MSFT.
Key characteristics
| NVDU | MSFT | |
|---|---|---|
| YTD Return | 380.69% | 13.69% |
| 1Y Return | 373.54% | 15.70% |
| Sharpe Ratio | 4.00 | 0.86 |
| Sortino Ratio | 3.36 | 1.21 |
| Omega Ratio | 1.44 | 1.16 |
| Calmar Ratio | 7.59 | 1.09 |
| Martin Ratio | 20.58 | 2.65 |
| Ulcer Index | 18.84% | 6.34% |
| Daily Std Dev | 96.92% | 19.58% |
| Max Drawdown | -51.13% | -69.41% |
| Current Drawdown | -3.41% | -8.90% |
Correlation
The correlation between NVDU and MSFT is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NVDU vs. MSFT - Performance Comparison
In the year-to-date period, NVDU achieves a 380.69% return, which is significantly higher than MSFT's 13.69% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NVDU vs. MSFT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily NVDA Bull 2X Shares ETF (NVDU) and Microsoft Corporation (MSFT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NVDU vs. MSFT - Dividend Comparison
NVDU's dividend yield for the trailing twelve months is around 1.08%, more than MSFT's 0.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDU Direxion Daily NVDA Bull 2X Shares ETF | 1.08% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSFT Microsoft Corporation | 0.71% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
Drawdowns
NVDU vs. MSFT - Drawdown Comparison
The maximum NVDU drawdown since its inception was -51.13%, smaller than the maximum MSFT drawdown of -69.41%. Use the drawdown chart below to compare losses from any high point for NVDU and MSFT. For additional features, visit the drawdowns tool.
Volatility
NVDU vs. MSFT - Volatility Comparison
Direxion Daily NVDA Bull 2X Shares ETF (NVDU) has a higher volatility of 20.45% compared to Microsoft Corporation (MSFT) at 7.77%. This indicates that NVDU's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.